KONE wins an order to supply 46 Chinese railway stations

KONE wins an order to supply 46 Chinese railway stations

ID: 53582

(Thomson Reuters ONE) -


KONE Corporation, press release, April 15, 2011

KONE has won a major order to supply 178 KONE MonoSpace® elevators and 226 KONE
TransitMaster(TM) escalators to 46 railway stations across China. The stations
are on nine lines of China's national high-speed network connecting cities in
eight provinces.

KONE's heavy-duty escalators are designed to meet the heavy People Flow demands
of mass transit. The good track record of KONE's equipment, the delivery and
maintenance systems have been recognized by the Ministry of Railways with this
large-scale order.

"We are honored to be chosen by the Ministry of Railways to provide our
equipment for another significant infrastructure project," says Noud Veeger, EVP
and Area Director of KONE Asia Pacific. "KONE is proud to contribute to smoother
people flow across the country by providing world-class eco-efficient solutions,
in line with China's recently published sustainability targets."

China has been rapidly expanding its high-speed railway network as it is seen as
an eco-efficient way to boost the expansion of China's transportation system.
This latest project will develop the Central Region as well as the Yangtze River
Delta and the northern Bohai Bay economic zones. KONE's solutions will be
installed as far north as Hailar in Inner Mongolia and 3,000 kilometers south in
the coastal city of Zhuhai in Guangdong Province.

KONE will start installing the elevators and escalators in April 2011 and the
stations are scheduled to open in 2012.  The order was booked in Q1 2011.

For further information, please contact:
Anne Korkiakoski, EVP, Marketing & Communications, KONE Corporation, tel.
+358 204 75 4775

Previous press releases on KONE's infrastructure orders in China are available
at www.kone.com/press including:
- April 16, 2010, KONE wins an order for China's fourth largest airport




- December 30, 2009, KONE wins an order for two Beijing Subway lines
- May 25 2009, KONE wins important order for China's national high-speed railway
project

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The
company has been committed to understanding the needs of its customers for the
past century, providing industry-leading elevators, escalators and automatic
building doors as well as innovative solutions for modernization and
maintenance. The company's objective is to offer the best people flow experience
by developing and delivering solutions that enable people to move smoothly,
safely, comfortably and without waiting in buildings in an increasingly
urbanizing environment. In 2010, KONE had annual net sales of EUR 5 billion and
approximately 33,800 employees. KONE class B shares are listed on the NASDAQ OMX
Helsinki Ltd in Finland.

www.kone.com







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: KONE Oyj via Thomson Reuters ONE

[HUG#1506802]


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drucken  als PDF  an Freund senden  Schibsted ASA (SCH) - Annual report 2010 Report from Hakon Invest Annual General Meeting 2011
Bereitgestellt von Benutzer: hugin
Datum: 15.04.2011 - 08:03 Uhr
Sprache: Deutsch
News-ID 53582
Anzahl Zeichen: 3648

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